Will siafunds be individually divisible?
Maybe it is not a bad idea to split one Siafund to 100,000 Siafunds to make the total of Siafunds become 1 billions instead of 10,000. This will make the future trading of Siafund easier. Very good idea, but I'm not sure devs will want a billion public keys in the genesis block. The idea comes with tradeoffs. As divisibility increases, the implication that price can be lower increases as well (not necessarily that it will be lower, just that it can be). It also encourages line-jumping, in the sense that if you only had .00 digits possible then there are only 100 slots in which value can trade so you must wait on a line, for what might be a decent value. If .0000, then 10,000 more slots in which value can trade, so now you must wait in line to make micro or nano-pennies - for what cause?! Will there be value added in being able to distinguish or decide if something is worth 1/10000 more than someone elses offer? Personally, I don't think so. Instead, I feel this creates nothing but turbulence, endless line-jumping, and desperation and frustration of buyers in crypto markets. This is why so many things sit at one satoshi. It prevents many currently understood trading patterns from being followed correctly, from my observations. When I trade a stock, I put in offer at .23 or .24 or .22, but not .22000001 or .22000000 or .22000002 because there is no value added to the system, and instead I feel it causes chaotic market actions that do not add value at this point in time. Such resolution would be worthwhile for something in which an individual unit would be worth, say, $1000000, because there is value added in such high resolution at that value. But for something worth a few dollars, it's just not the case. I understand that these are atomic units we're trading in, but the mental application is still from dollars and cents, euro's, yuan, w/e to individual atomic units - we're just not conditioned to think on these terms though. So why create unnecessary confusion at this point in time? Of course, at the same time, increasing the number of atomic units while keeping the decimal place in the same visual spot still serves to create the implication that there is an overabundance. So - where does the middle ground lie here between overabundance and scarcity? For now, I think 10k (now), or possibly 100k atomic units might be enough. Good observation about line-jumping and turbulence.
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Will siafunds be individually divisible?
Maybe it is not a bad idea to split one Siafund to 100,000 Siafunds to make the total of Siafunds become 1 billions instead of 10,000. This will make the future trading of Siafund easier. Very good idea, but I'm not sure devs will want a billion public keys in the genesis block.
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No one has commented on what a siafund is really worth in terms of hour/daily/monthly return from collected fees. People over on the NXT AE are trading them for thousands, but really, what's it worth? What's the projected ROI? What's the point?
I remain, as of yet, unconvinced, though I do see some potential (mega.co.nz style).
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Why has weekly SRWP dividend increased so much?
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Don't know, but new wallet has blockexplorer built in.
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What is happening to the NFD being traded in to obtain NHZ? If it's not being burned/sent back to genesis account, then this is definitely a scam because one person will end up holding all the NFD.
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Not impressed by this action. Anyone owning NFD has just been massively diluted and ends up with 1/25 the holding in NHZ, which is a junk project.
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Discovered Sia on Reddit, downloaded the wallet, mined for a few days and played with it. So far I really like it. I've been waiting for Storj, but that'll still take some time; so it's great to see another project already publicly available. Btw hi everybody Marketing hype aside, Storj looks pretty lame compared with Sia.
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Can't wait to see the GUI! keep up the great work. I keep thinking... just wait untill all torrents are hosted on Sia. Say goodbye to megadownload!!! And hello to Sia! Anyone who has a sianote will be rich.
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NXT AE is simple. I got my sianotes there no problem.
Can't wait for launch!!!
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i will be mining Sia at the beginning of June, which is more innovative.
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Too bad it's ICO premine Network nodes sounds like another semi-centralized DarkCoin/Dash clone.
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This project look promising. I've never seen a project like this... design is superior to Storj.
Adding to my list.
I am considering acquiring sianotes over on the NXT AE. What is your projected average-case ROI for siafund investors?
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how to start mining from commandline? setgenerate doesn't seem to be there Correct, you cannot mine from within the Qt. Not from withing Qt, but command-line wallet. How to start mining? How to solo mine? If you have a GPU, you'll need something like bfgminer to solo. How to CPU mine solo? The network hashes are already 11 GH/s. It's not worth frying your CPU unless you mine to a pool. You need a CPU miner too. It depends on your OS as to which one you use. By the way, nice launch devs, it's been smooth sailing from the start. But still, how do you start Solo CPU mining? I don't think there is a way... is there?
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how to start mining from commandline? setgenerate doesn't seem to be there Correct, you cannot mine from within the Qt. Not from withing Qt, but command-line wallet. How to start mining? How to solo mine? If you have a GPU, you'll need something like bfgminer to solo. How to CPU mine solo?
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how to start mining from commandline? setgenerate doesn't seem to be there Correct, you cannot mine from within the Qt. Not from withing Qt, but command-line wallet. How to start mining? How to solo mine?
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how to start mining from commandline? setgenerate doesn't seem to be there
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HZ looks worse than NFD. was never really interested in that project. development is what I want, not marketing.
What is HZ max supply?
I want to see how much I'm getting shafted by a 1:25 exchange for a project I don't even care about.
HZ total coins are 1 billion. 1 : 25 exchange is very bad then. We will find some developers to take NFD forward.
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I'm looking to buy some NFDs at the same 25 NFDs to 1 NHZ ratio.
I'm planning on setting up a NFD node to keep the network alive after the transition. I don't own any NFD coins or assets so I'll need a few to keep the node forging.
If anyone's interested, let me know.
Thanks.
Yeah I think I might join you and keep NFD alive. I'm not interested in HZ.
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